25 October 2022 - Prescription medicines are about to get cheaper for many Aussies, but others will pay more.

Cheaper prescription medicines and 50 new urgent care clinics are the centrepiece of a $3.6 billion revamp of Medicare in the federal budget.

To ease pressure on hospital emergency departments the government will fund the creation of 50 GP urgent care clinics at a cost of $235 million, honouring a key election promise.

And the price of prescription medicines will fall from $42.50 to $30 from January 1, 2023, for general patients, in a move that could save some families up to $600 a year.

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